Understanding everything about mobile home (MH) title transfers is crucial today if you’re handling sales of real properties, in which an MH is involved. A good example is if you own a title company. It is important to avoid or address any title claim problems associated with your transaction.
Today, several issues occur when it comes to transferring MH titles. Getting familiar with these issues, as well as understanding exactly how to address them, is crucial.
1. MH Lost Titles
Lost MH titles are one of the most common problems people encounter when it comes to transferring ownership of properties. If you’re currently experiencing a situation in which the certificate of title has been lost, you need to understand you’re not alone. Many factors contribute to why a lot of mobile homeowners misplace their titles.
In this case, the seller would need to contact that state to request a new certificate. Of course, this new request comes at a cost. After payment, the state will provide the seller with a new certificate. But it’s worth noting that this process only works if the seller is the current owner of the MH record.
As a mobile home title company, there are a few ways you can follow to address this type of mobile home title problem. Your company works as an intermediary, ensuring the entire process is streamlined.
- First, verification of the current ownership of the MH is crucial. You can work with a reliable vendor, such as Mobile Home Titles Unlimited, Inc. to get this process done. This vendor can assist you in running the MH title search to identify the current ownership of the mobile home.
- After that, as the seller applies for duplicate titles, your title company will take advantage of its expertise, ensuring all administrative requirements are met.
For accuracy and efficiency of time, contact Mobile Home Titles Unlimited, Inc. to assist with the process and keep your closing on time efficiently.
2. Incomplete Titles for Double-wide Or Triple-Wide MH
We’re sure you understand what double-wide and triple-wide mobile homes mean. The major difference between them can be seen in their general size and the number of sections they featured. That’s not all; both double-wide and triple-wide MH also differ in terms of certificate of titles. For instance, if a double-wide home has 2 sections, then it certainly needs to have 2 different titles. Also, if the triple-wide MH has 3 sections, then it needs to have 3 titles. The general rule is that your double-wide or triple-wide mobile home must have one MH title per section.
Now imagine a seller looking to sell a double-wide or triple-wide home with just one title. This certainly is a mobile home title problem that affects many homeowners today. This problem only means one thing – there are missing titles for other sections of the manufactured home. In this case, Contact Mobile Home Titles Unlimited to assist in obtaining duplicate titles.
3. Is There an Active Lien Against the MH Title?
Another mobile home title transfer issue many people experience today is the case in which active liens are against the mobile home title. In this case, the buyer is fully responsible for the debt. To avoid this issue, the buyer needs to do their due diligence before purchasing the mobile home – they can work closely with a reliable title company for lien resolution.
Today, not all sellers are aware the property they’re putting out for sale has a lien on it. As such, buyers and the title company need not wait for the seller to tell them about the lien. Instead, the title company can contact a reliable MH title vendor, such as Mobile Homes Titles Unlimited, Inc. to run an MH title search with the state to determine if there is a lien on the home.
Why Should You Work with MH Titles Unlimited Today?
Each staff member has over 37 years of experience in the title industry. We are experts in handling the transfer of MH titles associated with real property transfers. There isn’t a scenario in which we would not be able to assist with getting a resolution.
You can also speak with experts at Mobile Home Titles Unlimited, Inc. if you currently facing mobile home title problems and need help fixing them.
